Tel Aviv Stock Exchange Weekly Review: 19-23 October
Trading on the Tel Aviv Stock Exchange (TASE) during the third week of October was ended by a mix trend in all of the leading shares indices
TEL AVIV, Israel, October 23, 2014 /PRNewswire/ --
TA-25
The TA-25 index increased 0.9% over the week, bringing year-to-date increase to 8.8%
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TA-100
The TA-100 index increased 1.2% over the week, bringing year-to-date increase to 7.1%
TA-Technology
The TA-Technology index increased 3.0% over the week, bringing year-to-date decrease to 3.2%.
TA-Banks
The TA-Banks index decreased 2.0% over the week, bringing year-to-date decrease to 0.3%
Share Offering
This week there was one public offering in the share market amounting to US $3.3 million.
Since the beginning of 2014 the business sector raised US $1.9 billion through share offerings on the TASE, an amount 10% higher than the total raised for the whole of 2013.
It should be noted that for the second consecutive year there were significant share offerings by real estate companies amounting to US $0.5 billion - representing 70% of the total raised this year in public share offerings compared with 50% in 2013.
Government Bonds
The Ministry of Finance (MoF) made a public bond offering listed on the TASE amounting to US $0.3 billion.
Since the beginning of the year the MoF raised US $12.6 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.
ETN Offerings
This week one new ETN on a US share index was issued, joining the 70 new ETNs issued since the beginning of the year.
Currently there are 591 ETNs traded on the TASE.
Growth Rate
The Central Bureau of Statistics released this week a preliminary estimate indicating that GDP growth will increase by 2.2% for the whole of 2014, after an increase of 3.2% for the whole of 2013.
CPI Index
Figures released by the Central Bureau of Statistics indicate that in September 2014 the Consumer Price Index decreased by 0.3% and by the same amount since the beginning of the year, following an increase of 1.8% for the whole of 2013.
Sector Indices
WEEK 2014 TA Bluetech-50 1.7% (10.4%) TA Banks (2.0%) (0.3%) TA Real Estate-15 (0.4%) 5.6%
Foreign Exchange
WEEK 2014 Dollar/NIS 1.5% 8.5% Euro/NIS 0.6% (0.2%)
Facts & Figures
The Tel-Aviv Stock Exchange features in September 2014:
- 473 companies listing equities.
- 590 Exchange Traded Notes.
- 32 series of government bonds.
- 73 Series of Institutional bonds.
- 614 series of corporate bonds.
- 1,296 mutual funds.
- Market Cap. (US$ billions)
- Equities - 211
- Government bonds - 135
- Corporate bonds - 88
AboutTASE
Established in September 1935, the Tel-Aviv Stock Exchange is Israel's sole securities exchange, offering an increasingly sophisticated range of products to investors, including equity, corporate bonds, treasury bills and notes, index products and derivatives.
International
In recent years, TASE has enhanced its international presence, signing Memoranda of Understanding with the London Stock Exchange, NASDAQ, NYSE-Euronext the Shanghai Stock Exchange, and Toronto Stock Exchange.
For more information please contact:
Idit Yaaron or Orna Goren, TASE, +972(076)8160405/6
Visit the Tel Aviv Stock Exchange's Website: http://www.tase.co.il
SOURCE Tel Aviv Stock Exchange (TASE)
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